Existing Market- After conducting my interviews I was able to get some constructive criticism as far as my opportunity goes. The people had some good ideas for me as far as my business goes. One idea would be going with one brand of solar panels and maybe having them endorse me in a way or have them refer me when people call about buying solar panels. This will help me bring in more business and build good relations my community. One of the people I interviewed also stated that I would need understand more of the permits that have to be pulled to actually install the solar panel wiring. So I will have to get certified in that or anyone else I have working for me be certified in it.
New Market- After conducting my interviews some people who would be interested in my business once it got big enough would be potentially contracting with the University of Florida or Santa Fe. They both have solar energy on campus. These solar panels need maintenance from time to time and also they could want to expand and maybe use my business to do that.
I knew about UF and Santa Fe having solar panels I just did not know the course I would have to take to make it to where my business would be the one to work on them or install them.
Securing a sponsorship or partnership with a solar panel manufacturer would be a great idea. Representing a big brand would definitely help get people to buy from your business and its a good way to keep everything the same. Although it cuts down on your diversification in a way, the single brand is still a good idea as long as they continue to create nice and affordable solar panels in the future.
ReplyDeleteI think you need to look past their criticisms. Be confident in your product as you talked about in your last postings. That is one of, if not your most important attribute. Working with the University of Florida would be a possibly difficult way to jump into the industry as I think it could be done better through independent housing. UF already has multiple scientists dedicated to their solar panels and probably uses them for their learning. Santa Fe could be the way to go as you could promote sustainability to them and they do not have solar panels on their campus. I think that your idea could really work, just stick to it and make it happen.
ReplyDeleteHey Clayton,
ReplyDeleteI think learning how to place a solar panel is a very important part for you to run this business, so I definitely agree with the license part! Besides that, I thought that you received some great criticism that has given you a bit more insight and maybe uncovered some things that you had on your mind that maybe you did not have previously. I am very excited for you to pull off this company! Great job!
Hey Clayton,
ReplyDeleteI think that your economical and affordable solar panel is a great idea to provide to homes across the globe. Not only will customers be more gated your way but they will share with others about the product and the experiences they are having with it. I think having an affordable lifestyle is one, that many people aim for and this would give them the opportunity to do so.